Replacement Capital Expenditures definition

Replacement Capital Expenditures means cash expenditures (including expenditures for the replacement, improvement or expansion of the assets owned by any Group Member or for the acquisition of existing, or the construction or development of new, assets) made or incurred to maintain the long-term operating capacity or net income of the Partnership Group.

Replacement Capital Expenditures means Capital Expenditures on or after the Closing Date made in connection with (i) the replacement of a Hospital as required by the agreements pursuant to which such Hospital, or the entity owning such Hospital, was acquired by the Borrower or any of the Subsidiaries from a third-party, whether pursuant to such agreement existing as of the Closing Date or entered into thereafter or (ii) the replacement of the Hospitals (owned, leased or operated by the Borrower or any of the Subsidiaries or in which the Borrower or any of the Subsidiaries owns an Equity Interest as of the Closing Date) in Birmingham, Alabama and Barstow, California.

Replacement Capital Expenditures means cash expenditures for Replacement Capital Assets. Replacement Capital Expenditures shall include interest (and related fees) on debt incurred and distributions in respect of equity issued, in each case, to finance all or a portion of the construction of a Replacement Capital Asset and paid in respect of the period beginning on the date that a Group Member enters into a binding obligation to commence constructing a Replacement Capital Asset and ending on the earlier to occur of the date that such Replacement Capital Asset Commences Commercial Service and the date that such Replacement Capital Asset is abandoned or disposed of. Debt incurred to pay or equity issued to fund the construction period interest payments, or such construction period distributions on equity, shall also be deemed to be debt or equity, as the case may be, incurred to finance the construction of a Replacement Capital Asset and the incremental Incentive Distributions paid relating to newly issued equity shall be deemed to be distributions paid on equity issued to finance the construction of a Replacement Capital Asset.

Examples of Replacement Capital Expenditures in a sentence

• When environmental impacts for field-level changes were estimated in USMP based on EPIC simulations, over 700 data input files were available (see Topic 6 report, Appendix 3 for a discussion of EPIC).

• For the full year 2014, we expect to invest between $25 million and $30 million.· Renewal and Replacement Capital Expenditures.

• The Committee shall estimate in good faith the average quarterly Maintenance and Replacement Capital Expenditures that the Partnership will need to incur over the long term to maintain the operating capacity of the Partnership Group (including the Partnership’s proportionate share of the average quarterly Maintenance and Replacement Capital Expenditures of its Subsidiaries that are not wholly owned) existing at the time the estimate is made.

• Capital Expenditures – Infrastructure Replacement Table IV-8Summary of Substation-Infrastructure Replacement Capital Expenditures 2014-2018 Recorded/2019-2023 Forecast(Total Company – Nominal $000) 15 Even with routine maintenance as described in sections above, every piece of equipment will16 eventually degrade or no longer have a market for spare parts and need to be replaced.

• In the original assessment the Division’s income approach conclusion of the PETITIONER unit value of both tangible and intangible assets was as follows:31Normalized Net Operating Income $$$$$ Add: Depreciation Expenses + $$$$$ Less: Replacement Capital Expenditures - $$$$$ Less: Increase in Working Capital - $$$$$ Total Normalized Cash Flow $$$$$ Capitalization Rate: %%%%% 22.

More Definitions of Replacement Capital Expenditures

Replacement Capital Expenditures means Capital Expenditures on or after the Closing Date made in connection with (i) the replacement of a Hospital as required by the agreements pursuant to which such Hospital, or the entity owning such Hospital, was acquired by the Borrower or any of the Subsidiaries from a third-party, whether pursuant to such agreement existing as of the Closing Date or entered into thereafter, (ii) the replacement of the Hospitals (owned, leased or operated by the Borrower or any of the Subsidiaries or in which the Borrower or any of the Subsidiaries owns an Equity Interest as of the date hereof) in Barstow, California, Cedar Park, Texas, Madison County, Alabama and Lindenhurst, Illinois or (iii) the acquisition of the Hospital leased by a Subsidiary on the date hereof in Dublin, Ireland.

Replacement Capital Expenditures means, with respect to Borrower, all Capital Expenditures to replace existing fixed assets.

Replacement Capital Expenditures capital expenditures on or after the Closing Date made in connection with the replacement of a Hospital as specifically required pursuant to the agreements pursuant to which such Hospital, or the entity owning such Hospital, was acquired by the Borrower or any of its Subsidiaries from a third-party whether pursuant to such agreement existing as of the Closing Date or entered into thereafter.

Replacement Capital Expenditures means all annual budgeted items related to the replacement of equipment at Avon Lake and Xxxxxx Island all as agreed on the Closing Date by the Borrower and the Arrangers, after consultation with the Independent Engineer, and set forth in a schedule to the approved Operating Budget delivered on the Closing Date, as such Operating Budget is administered pursuant to Section 5.11 hereof.

Replacement Capital Expenditures means fifty percent (50%) of depreciation expense.

Replacement Capital Expenditures means cash expenditures for Replacement Capital Assets. Replacement Capital Expenditures shall include interest (and related fees) on debt incurred and distributions in respect of equity issued, in each case, to finance all or a portion of the construction of a Replacement Capital Asset and paid in respect of the period beginning on the date that the Issuer or any of its Subsidiaries enters into a binding obligation to commence constructing a Replacement Capital Asset and ending on the earlier to occur of the date that such Replacement Capital Asset is first put into commercial service by the Issuer or any of its Subsidiaries following completion of construction or acquisition, as applicable, and the date that such Replacement Capital Asset is abandoned or disposed of. Debt incurred to pay or equity issued to fund the construction period interest payments, or such construction period distributions on equity, shall also be deemed to be debt or equity, as the case may be, incurred to finance the construction of a Replacement Capital Asset shall be deemed to be distributions paid on equity issued to finance the construction of a Replacement Capital Asset.

Replacement Capital Expenditures in Subsection 1.1. The definition of “Replacement Capital Expenditures” in subsection 1.1 of the Credit Agreement is hereby amended by inserting after the word “of” in the second line thereto the parenthetical numeral “(i)” and by inserting after the word “thereafter” in the fifth line thereto the phrase “or (ii) the Hospital in Barstow, California (owned, leased or operated by the Borrower or any of its Subsidiaries or in which the Borrower or any of its Subsidiaries owns an equity interest as of the effective date of the Third Amendment) and the Hospital in Lindenhurst, Illinois”.